Ollie's Bargain Outlet Hldg (OLLI)

Current ratio

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Total current assets	US$ in thousands	993,791	871,428	871,428	754,296	754,296
Total current liabilities	US$ in thousands	304,341	315,551	315,551	259,285	259,285
Current ratio		3.27	2.76	2.76	2.91	2.91

January 31, 2025 calculation

Current ratio = Total current assets ÷ Total current liabilities
= $993,791K ÷ $304,341K
= 3.27

The current ratio of Ollie's Bargain Outlet Hldg has been relatively stable over the years, ranging from 2.76 to 3.27. This indicates that the company has a healthy level of current assets to cover its current liabilities, providing a comfortable margin for short-term obligations. A current ratio above 1 generally suggests that the company is capable of meeting its short-term debt obligations. Ollie's Bargain Outlet Hldg's current ratio of around 2.76 to 3.27 reflects its strong liquidity position and ability to manage its short-term financial commitments effectively.